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Browsing ADEMU Working Papers Series by Subject "DSGE model"

Browsing ADEMU Working Papers Series by Subject "DSGE model"

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  • Should I stay or should I go? Austerity, unemployment and migration
    Bandeira, Guilherme; Caballé, Jordi; Vella, Eugenia (2018-02)
    High unemployment and fiscal austerity during the recent crisis have led to significant migration outflows from the periphery of the euro area. This paper introduces endogenous migration both for the unemployed and ...
  • The government wage bill and private activity
    Bermperoglou, Dimitrios; Pappa, Evi; Vella, Eugenia (2016-10)
    We estimate the effects of public wage expenditures on output and the labor market in U.S. data by identifying shocks to public employment and public wages using sign restrictions. Public wage shocks do not induce significant ...

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